Rare diamond fetches over $10 mn at Hong Kong auction

Xinhua Hong Kong, April 11 (Xinhua) A 72.22 carat diamond has fetched 80 million Hong Kong dollars ($10.26 million) at a Sotheby’s auction here, making it one of the most expensive jewels sold in Asia. The pear-shaped diamond of D colour, which is the clearest category, is of “flawless clarity and excellent polish and symmetry”, according to Sotheby’s, which also offered over 300 jewels and jadeite items worth some 400 million HK dollars Thursday.

Sotheby’s said the buyer would be given the right to name the diamond.

A diamond necklace consisting of 43 pear-shaped “internally flawless” diamonds totalling over 90 carat, went under the hammer price of 37.5 million HK dollars. The final price was 42.33 million HK dollars.

A pair of jadeite double-hoops and diamond pendent earrings also caught the attention of buyers, fetching a price of 5.93 million HK dollars.

Sotheby’s also put some luxury watches on sale, with a rare Patek Philippe double-dialled wrist watch sold at 11.75 million HK dollars, setting a new world record for any modern wrist watch sold at an auction. Xinhua